Hybrid Investment Risk Director, Fixed Income

PGIM; Newark (NJ); Hybrid; USD 170,000 - 180,000; Full time

Benefits offered by this job

Market competitive base salaries with

Medical/Dental/Vision insurance

401(k) plan with company match

Pension plan

Wellness programs

Education benefit

Employee Stock Purchase Plan

Job summary

PGIM Credit is a leading global asset manager seeking a seasoned Investment Risk professional to oversee risk positioning across client portfolios and partner with investment teams to deliver disciplined, data-driven decisions. This hybrid role is based in Newark, NJ, with on-site presence three days per week.

Ideal candidates have 7+ years in investment risk or portfolio analytics, strong fixed income knowledge, and advanced Excel/Python/SQL skills, plus excellent communication and

Qualifications

• Minimum of 7 years of experience in investment risk or portfolio analytics with direct exposure to portfolio construction, positioning, and risk management
• Bachelor’s degree in Finance, Economics, Mathematics, Business, Data Analytics or Engineering
• Demonstrated competence with statistical, quantitative and technical aspects of fixed income markets
• Experience with at least three relevant Fixed Income asset classes including but not limited to: interest rate products, futures, FX derivatives, Government debt, Investment Grade Corporates, High Yield, Bank Loans, Emerging Markets, Structured Products, and Private Credit
• Extensive experience with MS Excel, Python, SQL and other data analysis or modeling tools with the ability to work effectively with large datasets
• Clear, professional communication skills, including strong listening, verbal and written abilities
• Strong interpersonal skills and experience with interacting with senior management, investment professionals and clients
• Exceptional organizational and project management skills, with the ability to manage multiple and at times competing priorities within defined timelines, both independently and in a team setting
• Buy-side fixed income experience working directly with portfolios strongly preferred
• Master’s degree, CFA, or other graduate-level credential (or progress toward one)

Responsibilities

• Provide independent support to risk management, including daily portfolio risk oversight and engagement with PMs on risk issues
• Attend internal PM and strategy review meetings to represent risk management and stay current on market developments
• Contribute to the analysis of risk drivers, performance attribution, scenario analysis, and portfolio construction
• Engage in asset allocation and risk optimization analysis to support product development
• Assist in reviewing the risk-related elements of client guidelines to identify constraints affecting portfolio construction and risk budgets
• Coordinate with Quantitative Modeling and Strategies (QMS) and the systems group to design, test, implement, and document enhancements to our proprietary internal risk analytics
• Coordinate with associates in Investment Risk and QMS to prepare responses to due diligence questionnaires, requests for proposals, and ad-hoc inquiries from clients and prospects related to our Investment Risk Management Framework
• Support the team with client and portfolio onboarding and ongoing account maintenance, coordinating as needed with Client Advisors, Client Onboarding, Compliance, Portfolio Analysts, and Portfolio Managers
• Meet with clients and prospective clients to present our internal risk management framework and answer questions related to PGIM Credit’s risk management philosophy
• Prepare documentation and presentation materials for internal and client use that explain various aspects of our proprietary risk framework and analytics

Skills

Investment risk

Portfolio analytics

Quantitative analysis

Communication

Education

Bachelor’s degree in Finance, Economics, Mathematics, Business, Data Analytics or Engineering

Tools

Excel

Python

SQL

Job description

PGIM Credit is a leading global asset manager seeking a seasoned Investment Risk professional to oversee risk positioning across client portfolios and partner with investment teams to deliver disciplined, data-driven decisions. This hybrid role is based in Newark, NJ, with on-site presence three days per week.

Ideal candidates have 7+ years in investment risk or portfolio analytics, strong fixed income knowledge, and advanced Excel/Python/SQL skills, plus excellent communication and